Spectre refinances 737 NG freighters in what may be a trend of freighter financing

US-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis Limited, closed its first round of a long-term senior debt facility led by Erste Bank, Spectre announced yesterday. The debt facility will be used to refinance seven 737-700 and -800 converted freighters under the management of NGF Genesis and on lease to multiple operators. Spectre […]

• Caryn Livingston
• January 22, 2019

Freighter aircraft transactions through mid-January

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]

• Caryn Livingston
• January 18, 2019

AirBridgeCargo to add 747-8F via financing from US lessor [VIDEO]

US-based lessor Aviation Capital Group (ACG) will structure, arrange and guarantee a senior loan covering part of the purchase price of a 747-8F Boeing is scheduled to deliver to AirBridgeCargo Airlines next month. The transaction is the first made under ACG’s Aircraft Financing Solutions program, the lessor said in a statement today announcing the loan. […]

• Caryn Livingston
• January 18, 2019

GECAS to redeliver first 737-800BCF to Atran, AOC imminent for CargoLogic Germany?

Although the Volga-Dnepr Group and its affiliate carriers are best known for widebody freighter operations, this week narrowbody freighters are in the spotlight. GECAS is nearing the redelivery of its first 737-800BCF to Russia-based Atran and this week ferried a 737-800BCF (32616, ex-Nok Air) to Moscow’s Vnukovo International Airport ahead of redelivery. Separately, CargoLogic Germany, […]

• Charles Kauffman
• January 17, 2019

Lufthansa Cargo to boost 777F capacity through AeroLogic with additional order

Lufthansa Cargo will lease an additional 777F from Boeing, to be operated by AeroLogic, a 50/50 joint venture between DHL Express and Lufthansa Cargo, later this fall ahead of the 2019 peak season, the carrier announced today. This latest order brings the total number of 777Fs Lufthansa Cargo and its JV carrier AeroLogic plan to […]

• Charles Kauffman
• January 16, 2019

Announcing the launch of new Royal Media publication, Air Cargo Airports

We at Cargo Facts are pleased to announce the launch of Air Cargo Airports, a new media venture presented by Royal Media, the publisher of  Air Cargo World and Cargo Facts. Airport cargo facilities play a major role in the supply chain and with growing e-commerce and specialty cargo demand, the need for expansion and development […]

• Caryn Livingston
• January 16, 2019

Air freight traffic disappoints in December first look

The disappointing November results revealed in last month’s first look were apparently a preview for an overall diminished peak season for air freight, as volumes and traffic declined across all regions. Many of the same culprits behind November’s year-over-year decline – notably an increasingly uncertain global trade environment, faltering economic performance across multiple economies, and […]

• Caryn Livingston
• January 15, 2019

AirBridgeCargo volume growth slows in 2018

Volga-Dnepr Group’s Russian subsidiary AirBridgeCargo Airlines (ABC) reported a 2% increase in its year-over-year cargo handle, to more than 700,000 tonnes – likely lagging behind industry average growth rates of around 4%, and well off from recent years for which double-digit growth was the norm for ABC. On a higher note, growth rates for the […]

• Caryn Livingston
• January 14, 2019